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7 Wakefield Ct

Iowa City, IA 52240

3 bd 2 ba 1,746 sqft Built 1981 Lot 11,761 sqft single_family
Most recent sale
$281,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2022 Sold $281,000 MLS #202203616
Jun 17, 2022 Listed $280,000 MLS #2205359
Jun 3, 2022 Sold $217,000 MLS #202202571
May 2, 2022 Listed $205,000 MLS #202202571
Jul 10, 2007 Sold $185,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $210,140 $61,290 $271,430 $4,986
2024 $210,140 $61,290 $271,430 $4,924
2023 $200,460 $61,290 $261,750 $4,494
2022 $153,230 $54,080 $207,310 $4,108
2021 $153,230 $54,080 $207,310 $4,150
2020 $150,100 $50,470 $200,570 $4,072
2019 $150,100 $50,470 $200,570 $3,724
2018 $134,740 $43,260 $178,000 $3,680
2017 $134,740 $43,260 $178,000 $3,602
2016 $129,150 $43,260 $172,410 $3,528
2015 $129,150 $43,260 $172,410 $3,452
2014 $124,990 $43,260 $168,250 $3,340
2013 $124,990 $43,260 $168,250 $3,246
2012 $124,990 $43,260 $168,250 $3,224
2007 $126,420 $36,050 $162,470 $2,476
2005 $114,560 $36,050 $150,610 $2,170
2004 $135,530 $2,062

Property facts

Year built
1981
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,746 sqft
Lot size
11,761 sqft
ZIP code
52240
City
Iowa City
Street
Wakefield Ct
Coordinates
41.64445, -91.49043

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,619
Gross rental yield
11.18%
Implied cap rate
7.27%
Trend-extrapolated value

Frequently asked questions

When did 7 Wakefield Ct last sell?
7 Wakefield Ct most recently sold on Aug 5, 2022 for $281,000.
What is the current tax assessment for 7 Wakefield Ct?
The most recent total assessment for 7 Wakefield Ct (year 2025) is $271,430 with $4,986 in property tax.
How does 7 Wakefield Ct's assessment compare to its last sale price?
The current assessment is 3.4% below the last sale price of $281,000.
When was 7 Wakefield Ct built?
7 Wakefield Ct was built in 1981.
How does 7 Wakefield Ct compare to others on Wakefield Ct?
We track 8 other properties on Wakefield Ct. Browse the list under "Other properties on Wakefield Ct" to compare beds, baths, and sale history.
What are the property facts for 7 Wakefield Ct?
7 Wakefield Ct is a 3 bed, 2 bath, 1,746 sqft, 11,761 sqft lot single_family.
Is 7 Wakefield Ct a flip candidate?
Yes — 7 Wakefield Ct appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7 Wakefield Ct a tax-appeal candidate?
No — 7 Wakefield Ct is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.8%
Implied 1-yr
-15.0%
2026 Q3
$332.1K
2026 Q4
$315.6K
ZIP 52240 — Median Price History + Forecast

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